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The Nigerian and African blockchain and cryptocurrency market appears to be dominated by foreign projects. Few as they may be, these imported solutions are claiming the lion share of the Nigerian market. Exchanges like Binance, Luno, Paxful and Remitano are having huge patronage from Nigerians while most of the indigenous platforms, despite having been around…
Blockchain is a novel technology that has undergone different stages of evolution over the past decade. Even Bitcoin, the most popular blockchain has seen its native token evolve from a medium of exchange to more of a store of value. This is according to the majority of cryptocurrency users who have taken into consideration the…
Read More “We Are at the Beginning of a Two Years Uptrend For Cryptocurrencies – Analyst” »
Early signs of the post-pandemic economic trend have started showing up already. Traditional companies are embarking on reckless downsizing both in direct manpower and remuneration. Workers’ wages are being slashed left right and centre, while businesses are shutting down with reckless abandon. If you are not yet affected directly by this situation, chances are that…
Read More “Series: Making Money From Home – Cryptocurrency and Virtual Reality” »
Cryptocurrency trading, or any other form of online trading demands a lot of skills, knowledge, commitment and discipline. Beyond the simple academic knowledge of being able to interpret chart patterns and market behaviour, there are some fundamental habits that a trader needs to develop in order to succeed in the art of trading. A lot…
Read More “Simple Habits that Make all the Difference in the Life of a Cryptocurrency Trader” »
Cryptocurrency exchanges are the most common gateways for anyone who is trying to get into the ecosystem. They provide opportunities to buy, sell, trade or use cryptocurrencies in different years. Over the years, we have watched the industry evolve, and cryptocurrency exchanges have played a significant role in this evolution. There used to be a…
There is a bullish colouration across the board in the cryptocurrency marketplace. Based on information from CoinmarketCap, majority of the cryptocurrencies are posting significant gains against the US dollar. This has caused some degree of excitement among cryptocurrency users, especially speculators. Bitcoin Dominance Can Be Misleading Across the industry there is a major focus on…
Read More “The Mistake Many Crypto Traders Make by Focusing on Bitcoin” »
The blockchain ecosystem is littered with hundreds of cryptocurrency exchanges. The absence of proper coordination and regulation of exchanges has resulted in repeated losses of investment funds. Fraud cases associated with exit scams by founders and team members has become rampant among cryptocurrency exchanges. On a personal note, a duly noted appreciation and acknowledgement goes…
Read More “How To Identify A Dubious Cryptocurrency Exchange” »
Stablecoins are becoming the new darling in the crypto marketplace, especially as they seem to be more accepted in the mainstream. One of the main reasons why many people prefer it is because of its ability to resist the typical volatility of the cryptocurrency market. It is a relatively new concept, and it is one…
The cryptocurrency industry has had its share of exit scams. For an ecosystem that deals with a new system of money, many people have fallen victim of insincere practitioners. This scenario was more popular in the early days of Bitcoin and cryptocurrencies. At that time, a lot of people who got involved did not have…
Read More “How To Keep Your Bitcoins Away From Thieves and Scammers” »
It is a few weeks before the end of 2019, and typically the markets have slowed down. Bitcoin is still struggling between the $7,000 and $7,500 horizontal channel while other cryptocurrencies are seeing even lesser activities. This is the kind of behaviour that most markets experience around this time of the year, although the year…
Read More “What is the Best Time to Buy Bitcoin – 2019, 2020 or 2021?” »